Cramer's Take on Top-Searched Stocks
Everything's coming up roses. Or we thought it was after Monday's rally and Tuesday's open. Monday's 936 point jump in the Dow was followed by Tuesday's big open and subsequent selloff. Investors are encouraged by the government's plans to inject $250 billion of the $700 billion bailout into the capital coffers of the nation's largest banks.
Many pundits are talking recession and depressed earnings.
Pepsi
(PEP) - Get Report
backed that claim by reported a 9.5% drop in third-quarter profit and offered a downbeat profit outlook on Tuesday.
While the banks, such as
Citigroup
(C) - Get Report
,
Bank of America
(BAC),
National City
(NCC)
and
Wells Fargo
(WFC) - Get Report
rallied, other mainstays, such as
Microsoft
(MSFT) - Get Report
,
Cisco
(CSCO) - Get Report
and
Apple
(AAPL) - Get Report
, pulled back with the market.
With this in mind, we we'd take a look at some of the stocks people were searching for on Tuesday on
TheStreet.com
and see what
Jim Cramer's had to say about them lately
.
To find out,
.
(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Cisco and Pepsi for his Action Alerts PLUS charitable trust.)
Stockpickr is a wholly owned subsidiary of TheStreet.com.
